Listing provided courtesy of @properties/Christie's Intl RENorthwest Indiana MLSas Distributed by MLSGrid- MLS# 841057MLS Provider

326 Us-20Michigan City, IN 46360

Commercial · 8,098 Sq. ft. | 3.50 Acres
$1,450,000 Active

326 Us-20 Overview

Time on Site:
8 days
Visits:
0

Prime 3.5+/- Acre Commercial Development Opportunity on Highly Traveled Highway 20 in Michigan City, Indiana. Positioned along one of Michigan City's busiest commercial corridors, this 3.5-acre property offers exceptional visibility, strong traffic counts, and outstanding accessibility. Located directly on Highway 20 and surrounded by established national and regional retailers, service businesses, and commercial developments, the site provides an ideal setting for a wide variety of commercial uses. The property is strategically located just minutes from the Interstate 94 interchange, providing convenient access for local and regional customers alike. The surrounding area features major retail destinations including Meijer, Lowe's, Von Tobel, automotive dealerships, restaurants, and other thriving commercial businesses, creating a strong commercial presence and customer base. Previously operated as a motel, the property presents multiple redevelopment possibilities. Investors and entrepreneurs may choose to renovate and revive the existing motel operation or pursue a completely new commercial vision. Potential uses include hospitality, retail, office, medical, mixed-use development, self-storage, automotive services, restaurant concepts, or other commercial ventures, subject to local approvals. With its prime location, high visibility, excellent traffic exposure, and flexible development potential, this property offers a rare opportunity to establish or expand a business in one of Michigan City's most active commercial corridors. Endless possibilities await--bring your vision and capitalize on this exceptional Highway 20 location.

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326 Us-20 Facts & Features

  • Type Commercial
  • Sq. ft. 8,098
  • Price/Sq.ft. $179
  • Lot 3.50 Acres

Details

General

Building Information

  • Year Built: 1952

Location/Region

  • County Or Parish: La Porte
  • Township: Coolspring

Tax Information

  • Tax Annual Amount: 3844
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Other,Conventional
  • Parcel Number: 460504377002000009
  • Property Sub Type: Hotel/Motel
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Basement: false
  • Building Features: Other,Courtyard
  • Electric: Other
  • Heating: Hot Water
  • Living Area: 8098

Exterior

Parking Information

  • Parking Total: 30

Lot Information

  • Lot Size Acres: 3.5
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 152460
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Natural Gas Connected

326 Us-20 Neighborhood

Community

46360 (Michigan City) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

326 Us-20 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

326 Us-20 Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

326 Us-20 History

Date Event Value Agent
6/22/2026Source: Northwest Indiana MLS Added to Database
June 22, 2026